FAIRVIEW RESIDENCE

FAIRVIEW RESIDENCE in Barat Daya, Penang recorded 89 subsale transactions between 2021 and 2025, with a median price of RM 418K and a median price per square foot (PSF) of RM 568.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 418K, with most transactions falling within a stable range of RM 500K to RM 480K, and a typical market range of RM 500K to RM 428K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 568, with core pricing between RM 499 and RM 637. Market pricing typically extends from RM 535.50 to RM 600.50, reflecting moderate variation in unit pricing. With an IQR of RM 65.00 and MAD of RM 69, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.